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DiNapoli: Drastic State Revenue Shortfall in April
… Thomas P. DiNapoli, significant revenue declines occurred for New York in April as a result of the COVID-19 pandemic … is facing economic devastation not seen since the Great Depression,” DiNapoli said. “New York and other hard-hit … period uses the amended Executive Budget estimates for comparison, and is on a State Operating Funds basis …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-drastic-state-revenue-shortfall-aprilFocus on Facts
… and Policy Insights, New York State Business Owners (March 2024) Performance of Industrial Development Agencies in New York State (May 2024) Tracking the Return: The Tourism Industry in New York City (May 2024) Welcome Back to New York, An Analysis of Post-Pandemic …
https://www.osc.ny.gov/focus-onAbout this Report – 2021 Financial Condition Report
… This report provides citizens with an overview of the financial … by the Office of the New York State Comptroller, and is meant to complement those other reports, not to replace …
https://www.osc.ny.gov/reports/finance/2021-fcr/about-reportReview of the Enacted Budget: State Fiscal Year 2021-22
… the legalization of recreational marijuana, and online sports betting, totaling an estimated $26.7 billion in SFY 2021-22. … FIGURE 4 – Pandemic Relief to New York: 2020 Federal Legislation (Multiple State Fiscal Years) (in millions of …
https://www.osc.ny.gov/reports/budget/review-enacted-budget-state-fiscal-year-2021-22DiNapoli: New York on Better Financial Footing
… New York state is in a stronger financial position, … and an improved economy, according to a report on the 2014-15 state Financial Plan released today by New York …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-new-york-better-financial-footingDiNapoli Releases Profile of New York's Small Business Owners
… P. DiNapoli. New York exceeds the nation in the share of businesses that are majority female and minority-owned; … however, they continue to represent less than one-quarter of all owners in New York state. “New Yorkers have always had … and drive, and that was no different even during some of the more difficult times of the pandemic,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-releases-profile-new-yorks-small-business-ownersDiNapoli: MTA Financial Outlook in Precarious Balance
… needs to address before emergency federal funds dry up in 2025. After that, the MTA faces enormous budget shortfalls … federal support in Congress’ proposed infrastructure bill (H.R. 3684 - Infrastructure Investment and Jobs Act) … by allowing the MTA to borrow less, but passage of the bill remains uncertain. In addition to planned capital …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-mta-financial-outlook-precarious-balanceDiNapoli: Unemployment Taxes on Employers Poised To Increase To Repay $9B Owed to Federal Government
… The historic surge in unemployment claims at the onset of the COVID-19 pandemic … State Unemployment Insurance (UI) Trust Fund, resulting in the state borrowing from the federal government to pay … already risen to the highest level permissible under law in 2021. Unless the state or federal government takes …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-unemployment-taxes-employers-poised-increase-repay-9b-owed-federal-governmentDiNapoli Report Looks at New York's Social Insurance Programs for Unemployed and Injured Workers
… New Yorkers claimed unemployment benefits for the week of Oct. 5, 2024. In 2023, there were almost 170,000 claims for … for workers earning a New York City living wage. As of Oct. 15, New York continues to owe $6.2 billion to the …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-report-looks-new-yorks-social-insurance-programs-unemployed-and-injured-workersElementary and Secondary Education – 2023 Financial Condition Report
… Significant Federal Aid Continues to Support New York Schools According to the Division of the Budget, schools received $4.6 billion of … million from the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Federal pandemic relief for K-12 …
https://www.osc.ny.gov/reports/finance/2023-fcr/elementary-and-secondary-educationDiNapoli: Problems Caused by Outdated System Left State's Unemployment Insurance Program Vulnerable to Fraud
… being particularly disadvantaged in proving their identity online. DOL acknowledged that certain groups may encounter …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-problems-caused-outdated-system-left-states-unemployment-insurance-program-vulnerable-fraudDiNapoli Op-Ed in Buffalo News Urges Washington to Help Governments Hurt by COVID-19
… Thomas P. DiNapoli today pressing the federal government to do more to help state and local governments hit hard by the … Yorkers and communities across the country. Our families need support from their state and local governments – not …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-op-ed-buffalo-news-urges-washington-help-governments-hurt-covid-19DiNapoli Releases Analysis of Enacted State Budget
… health and human services programs. DiNapoli launched an online resource that provides greater detail on federal …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-releases-analysis-enacted-state-budgetNew York State Comptroller DiNapoli Statement on New York City's Adopted Budget
… fiscal management will play in enabling long-term budget balance for the city. Fueled by a record level of personal … and identify cost efficiencies to achieve budgetary balance.” The adopted budget also restores previous cuts and … fiscal management will play in enabling longterm budget balance for the city …
https://www.osc.ny.gov/press/releases/2021/06/new-york-state-comptroller-dinapoli-statement-new-york-citys-adopted-budgetDiNapoli: With 2 Million People Fishing and Hunting in the State, New York Ranks Third Nationwide
… travel boosts our economy and supports our management of fish and wildlife programs.” Nearly two million people fish, hunt or trap in New York, ranking the state third … fishing exclusively, followed by 28 percent who fish and hunt and nine percent who hunt only. Consumer …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-2-million-people-fishing-and-hunting-state-new-york-ranks-third-nationwideDiNapoli Releases February State Cash Report
… spending growth has come primarily from Medicaid and other public health costs as well as education. Year-to-date tax … DiNapoli has created several tools to allow the public to better track government spending, contracts and …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-releases-february-state-cash-reportDiNapoli: Medicaid Audits Find Nearly $800 Million in Savings and Revenue
… continue in earnest as the state Department of Health can do much more to save taxpayer dollars.” The New York State … care premiums for recipients who had comprehensive TPHI. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/01/dinapoli-medicaid-audits-find-nearly-800-million-savings-and-revenueNew Yorkers in Need: A Look at Poverty Trends in New York State for the Last Decade
… Message from the Comptroller The COVID-19 pandemic had devastating health, economic and social … shutdown produced almost 2 million job losses in 2020. Yet for many, economic hardships existed long before this time; … In SFY 2021-22, approximately 2.8 million New Yorkers per month received $8.4 billion in federal food benefits under …
https://www.osc.ny.gov/reports/new-yorkers-need-look-poverty-trends-new-york-state-last-decadeNew York’s Economy and Finances in the COVID-19 Era (April 16, 2021)
… Act (ARP) of 2021, signed into law in March 2021, added $7.25 billion for a total authorization of $960.3 billion. The … 90 percent of the loans went to businesses with less than 25 employees, with an average loan size of approximately … U.S. Small Business Administration Data accessed on March 25, 2021, for the period ending February 28, 2021. Breakdown …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-april-16-2021DiNapoli: 23 School Districts Designated in Fiscal Stress
… statewide were designated in some level of fiscal stress under New York State Comptroller Thomas P. DiNapoli’s Fiscal Stress Monitoring System for the school year (SY) ending on June 30, 2021, down from 31 … Coronavirus Aid, Relief and Economic Security (CARES) Act had many requirements that caused funding delays …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-23-school-districts-designated-fiscal-stress